Automatic Withdraw Plan

Authorization Agreement for Automatic Payments Escrow Parcels

Important Information – Monthly ACH

• Your monthly amount will be based on the most current half tax available.
• Your deduction for your monthly payments will be on the 10th of the month for the following months; January thru December. The months of January & July will have a different due date and will be stated in the letters received that month.
• Your auto-deduct from your bank account will serve as your receipt for payments.
• You will receive 2 letters per year(January and June) informing you of the balance due for the half tax and what your new monthly amount will be. Taxes are always due in February and July.
• If you should have 3 NSF(non sufficient funds) at any time we will cancel further auto-deductions from your account and you will become responsible for making your payments by the required due date. You shall also be charged an NSF fee of $5.00 per NSF. (NSF fee subject to change.)

Important Information – Semi-Annual ACH

• Your deduction for your semi-annual payments will be one week prior to the set due date.
• Your auto-deduct from your bank account will serve as your receipt for payments.
• You will receive 2 letters per year (January and June) informing you of the amount due for the half tax and what day that will be deducted. Taxes are always due in February and July.
• If you should have 3 NSF (non sufficient funds) at any time we will cancel further auto-deductions from your account and you will become responsible for making your payments by the required due date. You shall also be charged an NSF fee of $5.00 per NSF. (NSF fee subject to change.)

How Escrow ACH Cycles Work

You will receive a letter in the beginning of June to let you know what your half taxes are in July, what your balance due for July is, and what your new monthly amount will be from August thru December.

• June – Monthly deduction on the 10th
• July – Balance of 2nd half tax deducted one week prior to the due date
• August – Monthly deduction on the 10th
• September – Monthly deduction on the 10th
• October – Monthly deduction on the 10th
• November – Monthly deduction on the 10th
• December – Monthly deduction on the 10th

You will receive a letter at the end of December to let you know what your half taxes are in February, what your balance due for February is, and what your new monthly amount will be from January thru May.

• January – Monthly deduction on the 10th
• February – Balance of 1st half tax deducted one week prior to the due date
• March – Monthly deduction on the 10th
• April – Monthly deduction on the 10th
• May – Monthly deduction on the 10th